Good evening, Traders!
The liquidity returns to the market in September and also with market-makers, which were on the long Summer holidays, and I expect that we will have more good entry points soon.
On Fryday, a bright entry point occurred in Wheat (ZW) and I expect that the price will rise to the 610,5$ price level and break the upper POCs’ of the Range, where liquidity is settled (Watch)
We had a divergence of Deltas at the entry point and the day before, classic BID HFTs’ 100% tick chain, after which a fast pullback happened.
Despite the fact, that the chain of ticks seems like stop-losses at first glance, we have net market sell, as the valuable tick chain started at the same price level as the previous 5 ticks, but at another time at 16:46:47:620 milliseconds. (Watch)
Market-makers absorbed this liquidity and I assume that it will be unloaded when the price goes to the upside and breaks the levels of Bears 🐻
Have a nice day!
Good evening traders ☀️
One week passed and today I see interesting ASK imbalances in such currencies as British Pound (6B), Canadian Dollar (6C), Mexican Peso (6M), and they can be realized as shorting opportunities during the next week. Also, I see BID imbalance and potential buying opportunity in Natural Gas (NG) if the price will fix above HFTs’.
I won’t take much time, I managed to talk about everything in 5 minutes
Good evening, traders! 👋
Today I want to justify about 3 interesting pictures on the futures market.
▪️ Japanese yen (6J) shows preparations to break the demand zone.
The quantitative cumulative delta was negative several times before the support. Bid HFTs were created near the level, and afterward, we can observe the involvement in buys. It is necessary to collect liquidity and then, break the demand level. If after the current Ask tick chain, the price stops growing it will be a good selling opportunity.
▪️ Brent Oil (BR) created a new uptrend line with the help of fast tick chains on it. Very often price return to such trendlines and break them.
Good afternoon, traders!
The price closed below the huge Ask tick chain near 4100, not achieved to the supply zone, and made a fast pullback. I see shorting opportunity, that the price will reach the 4020 price level.
Silver (SI)
On Silver vice-versa we see a Bid tick imbalance and some accurate algorithmic purchases on Friday according to the cumulative delta quantitative (CDQ) which diverges with the volume delta (CD). The price is coiling in the long-range during last 2 months and has a high probability to move toward the upper boundary and break it.
Copper (HG)
Copper made a peculiar squeeze of buyers, created a Bid tick imbalance, and bounced back from a commercial level into the range. Hedge funds continue aggressively buying the asset, increasing their longs by 18% with the OI increase by 6%.
We see a very strong divergence between CDQ and CD, clear absorption of stoploss liquidity with algorithms.